101-103 Forest AVE Active

Sault Ste. Marie,ON P6B1A6

$ 599900

- Bed

- Bath

2250 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,250 sqft

Price per Sqft $266

Subdivision Sault Ste. Marie

MLS Listing ID SM242796

Originating Board Sault Ste. Marie Real Estate Board

Year Built 1959

Property Description

Discover this exceptional all-brick Triplex nestled in a highly sought-after central location, perfect for those looking to enhance their investment portfolio. This very well-maintained property boasts three well-appointed units, ensuring a steady stream of rental income. Unit 101 is an impressive two-level residence featuring 4 bedrooms (3+1) and 2 bathrooms (1+1), complete with separate laundry facilities for added convenience. This spacious layout is ideal for families or group living, maximizing rental potential. Unit 103 offers two additional rental opportunities with a 3-bedroom unit and a cozy 1-bedroom unit, catering to a variety of tenant needs. Additionally, there's promising potential to expand the property by adding a fourth unit in the basement on the 101 Forest Avenue side. Other features include Separate hydro and water meters for each unit which is the tenants responsibility, owner pays heat, fenced-in, private backyard for tenant enjoyment, enhancing the appeal of the property, 2 efficient forced air natural gas heating systems, separate laundry facilities in all units, a desirable feature for renters. This Triplex has been consistently well-maintained, showcasing a solid investment return and promising future growth. Don’t miss out on this lucrative opportunity! Book your viewing today!! (id:24570)

Location

Province ON

Interior

Heating Forced air

Exterior

Garage No

Fence Fenced yard

Community Features Bus Route

Waterfront No

View Y/N No

Private Pool No

Building

Story 1

Sewer Municipal sewage system

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